WILHELMSEN SHIPS SERVICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WILHELMSEN SHIPS SERVICE A/S
WILHELMSEN SHIPS SERVICE A/S (CVR number: 30766016) is a company from Høje-Taastrup. The company reported a net sales of 65.8 mDKK in 2024, demonstrating a growth of 87.3 % compared to the previous year. The operating profit percentage was at 36.7 % (EBIT: 24.2 mDKK), while net earnings were 18.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 93.4 %, which can be considered excellent and Return on Equity (ROE) was 91.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WILHELMSEN SHIPS SERVICE A/S's liquidity measured by quick ratio was 3.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 21.05 | 20.63 | 28.59 | 35.14 | 65.81 |
| Gross profit | 11.43 | 12.24 | 15.48 | 19.56 | 39.26 |
| EBIT | 3.98 | 4.52 | 5.87 | 7.70 | 24.17 |
| Net earnings | 2.70 | 3.06 | 4.20 | 5.53 | 18.95 |
| Shareholders equity total | 5.38 | 6.01 | 7.46 | 9.21 | 32.35 |
| Balance sheet total (assets) | 6.81 | 7.19 | 9.00 | 11.69 | 42.02 |
| Net debt | -9.36 | ||||
| Profitability | |||||
| EBIT-% | 18.9 % | 21.9 % | 20.5 % | 21.9 % | 36.7 % |
| ROA | 51.2 % | 64.6 % | 73.1 % | 75.4 % | 93.4 % |
| ROE | 45.6 % | 53.8 % | 62.4 % | 66.4 % | 91.2 % |
| ROI | 65.8 % | 78.4 % | 87.9 % | 93.7 % | 120.6 % |
| Economic value added (EVA) | 2.77 | 3.25 | 4.28 | 5.63 | 18.38 |
| Solvency | |||||
| Equity ratio | 79.0 % | 83.6 % | 82.8 % | 78.7 % | 77.0 % |
| Gearing | 0.1 % | ||||
| Relative net indebtedness % | 6.8 % | 5.7 % | 5.4 % | 7.1 % | 0.4 % |
| Liquidity | |||||
| Quick ratio | 3.8 | 4.2 | 4.2 | 3.0 | 3.7 |
| Current ratio | 5.3 | 6.0 | 5.8 | 4.7 | 4.1 |
| Cash and cash equivalents | 9.39 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 26.1 % | 29.0 % | 25.8 % | 26.0 % | 45.1 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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